NOT LISTED FOR SALE

7881 Ivy Terrace Unit 2 Chesapeake Beach, MD 20732

Estimated Value: $345,000 - $442,000

3 Beds
2.5 Baths
1,864 Sq Ft
$204/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $332,000 $178 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,539/month

14 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Traditional Architecture
  • Beach Elementary School Rated A-
  • Recreation Room
  • Breakfast Area or Nook

About This Home

As of July 2022

Welcome home to this 3 level townhome/condo in sought after Richfield Station! Home features open concept floorplan. The chef in the family will love huge country kitchen w/ kitchen island, recess lighting, 42 inch cabinets, dining area, and slider that leads to deck. Spacious family room with plenty of natural light and 9ft ceilings. Primary bedroom includes walk-in closet and ceiling fan. 2 more bedrooms on 3rd level and hallway bathroom. Lower level includes huge rec room/den, laundry, and rough in plumbing...great for storage or entertaining. New carpet throughout! Neighborhood has walking trails, basketball courts, and soccer field. Enjoy all that Chesapeake Beach has to offer...restaurants, beaches, shopping, a waterpark, and the boardwalk! Better hurry, this one will not last long!

Last Agent to Sell the Property

Cheryl Bare

CENTURY 21 New Millennium License #76729 Listed on: 05/25/2022

CENTURY 21 New Millennium

Co-Listed By

Jenna Bare-Anderkovitch

CENTURY 21 New Millennium

Last Buyer's Agent

Tomeca Littlepage

RLAH @properties License #SP200203556

RLAH @properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,054

Year Built

  • Built in 2007

HOA Fees

Home Design

  • Traditional Architecture
  • Combination Foundation
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Entrance Foyer
  • Family Room Off Kitchen
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Carpet
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Front Basement Entry

Parking

  • On-Street Parking
  • 2 Assigned Parking Spaces

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Additional Features

  • Deck
  • Front Yard

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 0503185729

Community Details

Overview

  • Association fees include snow removal, lawn maintenance, reserve funds, trash
  • American Community Management HOA
  • First Real Estate Management Condos
  • Richfield Station Village Subdivision

Recreation

  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,054

Year Built

Built in 2007

Lot Details

0

HOA Fees

$151 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2022-05-26
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to this 3 level townhome/condo in sought after Richfield Station! Home features open concept floorplan. The chef in the family will love huge country kitchen w/ kitchen island, recess lighting, 42 inch cabinets, dining area, and slider that leads to deck. Spacious family room with plenty of natural light and 9ft ceilings. Primary bedroom includes walk-in closet and ceiling fan. 2 more bedrooms on 3rd level and hallway bathroom. Lower level includes huge rec room/den, laundry, and rough in plumbing...great for storage or entertaining. New carpet throughout! Neighborhood has walking trails, basketball courts, and soccer field. Enjoy all that Chesapeake Beach has to offer...restaurants, beaches, shopping, a waterpark, and the boardwalk! Better hurry, this one will not last long!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Exhaust Fan, Refrigerator, Stove, Washer
  • Flooring Type: Carpet
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Window Treatments
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Bedroom 1, Laundry, Recreation Room, Bathroom 1, Bathroom 2, Half Bath
  • Basement: Yes
  • Basement Type: Walkout Level, Combination, Front Entrance
  • Total Sq Ft: 1960
  • Living Area Sq Ft: 1864
  • Price Per Sq Ft: 262.88
  • Above Grade Finished Sq Ft: 1320
  • Below Grade Finished Sq Ft: 544
  • Below Grade Sq Ft: 96
  • Total Below Grade Sq Ft: 640
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7881

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00
  • Upper Level 2 Full Bathrooms: 2
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: On Street

Utilities

  • Refuse: 350.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Electric Alarm
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 182.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 90.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: First Real Estate Management
  • HOA Condo Co-Op Amenities: Common Grounds, Bike Trail, Jog/Walk Path
  • HOA Condo Co-Op Fee Includes: Snow Removal, Lawn Maintenance, Reserve Funds, Trash
  • HOA Name: AMERICAN COMMUNITY MANAGEMENT
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: CALVERT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139842846
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: TH
  • Lot Features: Front Yard
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2022
  • Zoning: R-2
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3054.00
  • Assessor Parcel Number: 0503185729
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 1864
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/11/2022

MLS Schools

  • School District Name: CALVERT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jul 11, 2022
Sold by
Thomas Fones Mark
Bought by
Jones Quajae and Jones Lexi
Seller's Agent
Cheryl Bare
CENTURY 21 New Millennium
Buyer's Agent
Tomeca Littlepage
RLAH @properties
List Price
$339,900
Sold Price
$332,000
Premium/Discount to List
-$7,900
-2.32%
Current Estimated Value
$379,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,841
Avg. Annual Appreciation
4.23%
Original Mortgage
$332,000
Outstanding Balance
$319,704
Interest Rate
5.78%
Mortgage Type
VA
Estimated Equity
$55,295

Purchase Details

Closed on
Oct 10, 2007
Sold by
Nvr Inc
Bought by
Fones Mark Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,701
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2007
Sold by
Nvr Inc
Bought by
Fones Mark Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,701
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jones Quajae $332,000 Titlemax
Fones Mark Thomas $272,317 --
Fones Mark Thomas $272,317 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Quajae $332,000
Previous Owner Fones Mark Thomas $177,360
Previous Owner Fones Mark Thomas $206,250
Previous Owner Fones Mark Thomas $240,475
Previous Owner Fones Mark Thomas $258,701
Previous Owner Fones Mark Thomas $258,701
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $332,000 -4.3% $178 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
06/08/2022 06/08/22 Price Changed $347,000 +2.1% $186 / Sq Ft
05/25/2022 05/25/22 For Sale $339,900 0.0% $182 / Sq Ft
05/24/2022 05/24/22 Price Changed $339,900 -- $182 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,263 $298,433 $0 $0
2023 $2,966 $280,967 $0 $0
2022 $2,836 $263,500 $75,000 $188,500
2021 $2,836 $257,667 $0 $0
2020 $2,761 $251,833 $0 $0
2019 $2,589 $246,000 $75,000 $171,000
2018 $2,542 $240,467 $0 $0
2017 $2,596 $234,933 $0 $0
2016 -- $229,400 $0 $0
2015 $2,566 $229,400 $0 $0
2014 $2,566 $229,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Bare

    Seller's Agent in 2022

    Cheryl Bare

    Century 21 New Millennium

    (443) 404-3472

    9 in this area

    505 Total Sales

    Cheryl Bare
    Section Image
  • Jenna Bare-Anderkovitch

    Seller Co-Listing Agent in 2022

    Jenna Bare-Anderkovitch

    Century 21 New Millennium

    (410) 474-9436

    2 in this area

    87 Total Sales

    Jenna Bare-Anderkovitch
    Section Image
  • Tomeca Littlepage

    Buyer's Agent in 2022

    Tomeca Littlepage

    RLAH @properties

    (240) 745-5397

    1 in this area

    62 Total Sales

    Tomeca Littlepage
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDCA2006478

Bright MLS

APN: 03-185729

Maryland Calvert County Chesapeake Beach 20732

7881 Ivy Terrace Unit 2, Chesapeake Beach, MD

This home is located at 7881 Ivy Terrace Unit 2, Chesapeake Beach, MD 20732 since 25 May 2022 and is currently estimated at $379,841, approximately $203 per square foot. This property was built in 2007. 7881 Ivy Terrace Unit 2 is a home located in Calvert County with nearby schools including Beach Elementary School, Windy Hill Middle School, and Northern High School.

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